Tuesday, April 30, 2013
The Minister of State and Minister for Foreign Affairs of Hungary Zsolt Nemeth informed Mongolia’s Minister for Foreign Affairs L.Bold this weekend that the visa conditions for Mongolian visitors to Hungary will be eased.
The Ulaanbaatar City Air Quality Department(UCAQD), the Traffic Police Department, the National Auto Transportation Center (NATC), and the National Agency of Hydrology, Meteorology and Environment Monitoring (NAHMEM), are jointly organizing inspections to measure cars’ exhaust emissions.
Some time ago it became known that Chinese officials intended to inscribe the Mongolian national music instrument, the morin khuur (horse-headed fiddle), and the national art of singing, khuumii (throat singing), as Chinese cultural heritage on the Intangible Cultural Heritage List of the United Nations Educational, Scientific and Cultural Organization (UNESCO).
Bethesda, April 29, 2013 (GLOBE NEWSWIRE) -- India Globalization Capital, Inc. (NYSE MKT: IGC) ("IGC" or "the Company") announced the achievement of a further milestone in the execution of its strategic plan.
Focused Capital Corp. Announces Termination of Qualifying Transaction With Mongolia Minerals Corporation
TORONTO, ONTARIO--(Marketwired - April 29, 2013) - Focused Capital Corp. ("Focused Capital") (TSX VENTURE:FLO.P), a capital pool company as defined under Policy 2.4 of the TSX Venture Exchange (the "Exchange"), announces the termination of the non-binding letter of intent (the "LOI") dated March 6, 2013 between Focused Capital and Mongolia Minerals Corporation ("MMC") for the acquisition of 100% of the common shares of MMC, which was expected to qualify as Focused Capital's "Qualifying Transaction" as defined by Exchange Policy 2.4.
ULAN BATOR, April 30 (Bernama) -- Mongolia and Thailand are expected to strengthen trade and other ties following the historic three-day visit of Thai Prime Minister Yingluck Shinawatra, which ended Monday.
Fast Market Research recommends "The Insurance Industry in Mongolia, Key Trends and Opportunities to 2017" from Timetric, now available
Mongolia Investment Group Ltd. (402), a water-services and mining company, said it will buy effective control of a Chinese digital-mapping provider for HK$1.5 billion ($193 million) more than a year after first announcing the deal.
In the frame of their visits to Mongolia to attend the VII Ministerial Conference of the Community of Democracies, the foreign ministers of Kyrgyzstan and Norway on called on the President of Mongolia, Ts.Elbegdorj.
A GROUP of mates from Sutherland Shire are driving 16,000 kilometres across Europe to raise money for charity in a car that has been described as a ‘‘highly unsuitable granny-mobile’’.
Vice President Namadi Sambo Saturday arrived Ulaambaatar, the Mongolian capital, for the seventh meeting of the Community of Democracies (CoD).
Monday, April 29, 2013
Eznis Airways (EF, Ulaanbaatar Chinggis Khaan (ULN)) is to become the first scheduled carrier to serve Khatgal (HTM) in western Mongolia when it commences flights to the remote frontier hamlet effective from June 15 until September 15.
The first World Conference of People of Mongol Origin was held in Katmandu in Nepal on April 4th.
Parliament discussed MP and Deputy Speaker S.Bayartsogt`s failure of including a secret Swiss bank account and offshore company in his income declaration during Thursday`s meeting. MPs reached a decision to ask for the resignation of MP S.Bayartsogt who confirmed his failure as Deputy Speaker with 87.5 percent approval.
Erdenes Tavantolgoi, the largest state owned mining operator company resumed coal exports to Chalco on Monday after a three month halt.
Over 1200 delegates from 140 countries will gather in Ulaanbaatar for the upcoming 7th Ministerial Conference of the Community of Democracies on April 27-29th.
SPEECH BY H.E. MR. TAKHIAGIIN ELBEGDORJ, PRESIDENT OF MONGOLIA, AT THE OPENING SESSION OF THE SEVENTH MINISTERIAL CONFERENCE OF THE COMMUNITY OF DEMOCRACIES
Honorable guests, delegates,
Distinguished ladies and gentlemen,
Dear envoys and messengers of freedom and democracy,
Distinguished ladies and gentlemen,
Dear envoys and messengers of freedom and democracy,
A member of staff of Erdenes Tavantolgoi the largest state owned company, S.Erdene, has been on a hunger strike since Friday April 26th opposing poor labor conditions and extra hours without pay.
Erdenes Tavan Tolgoi LLC, Mongolia’s largest state-owned coal company, agreed to pay a higher interest rate on $186 million due to Aluminum Corp. of China Ltd. as part of an accord to resume coal deliveries.
The High Representative of the Union for Foreign Affairs and Security Policy and Vice President of the European Commission, Catherine Ashton, who is in Ulaanbaatar to attend the VII Ministerial Meeting of the Community of Democracies, will reportedly sign a Partnership and Cooperation agreement with Mongolia during her visit.
ULAANBAATAR, Mongolia, April 29 (Bernama) -- The 1991 Nobel Peace Prize Laureate, Chairperson and General Secretary of National League for Democracy of Myanmar, Daw Aung San Suu Kyi arrived here on Sunday to participate in the 7th Ministerial Conference of Community of Democracies (CoD).
The Prospero Foundation, founded by Ulrik DeBo of DeBondo Capital, is excited to announce that a microloan donation has been made to Ariunzul, a small business owner in Ulaanbaatar, in Mongolia.
Minister of Energy M.Sonompil said last week that the ministry is aiming to make Mongolia energy self sufficient by next year and plans to expand energy production further to eventually become an energy exporter.
When deciding which country to invest in, those who are from investment banks in London perhaps take a ride on the giant ferris wheel located at the north end of Lambeth Bridge that crosses the River Thames.
BANGKOK, 28 April 2013 (NNT) – The Speaker of the Parliament of Mongolia has praised Prime Minister Yingluck Shinawatra’s role in the promotion of national reconciliation.
Sunday, April 28, 2013
Saturday, April 27, 2013
Over the weekend Mongolia will host the seventh ministerial conference of the Community of Democracies, a global caucus of democratic nations formed with the intention of fostering democracy around the world.
BANGKOK, April 26 (Bernama) - Thai Prime Minister Yingluck Shinawatra will attend the 7th Ministerial Conference of the Community of Democracy in Mongolia from April 27 to 29, Thai News Agency (TNA) reported.
Thailand will forge closer ties with Mongolia for trade, investment and service businesses during the visit to that country by Prime Minister Yingluck Shinawatra this weekend.
Friday, April 26, 2013
ULAN BATOR - The Mongolian parliament on Thursday voted to dismiss Vice-Speaker Bayartsogt Sangajav for his possession of an offshore company and a secret account in Switzerland.
Further to our recent alert dated 15 April, the Parliament of Mongolia approved an amendment ("the Amendment") to the Law of Mongolia on the Regulation of Foreign Investment in Business Entities Operating in Sectors of Strategic Importance (the "SFI Law") on 19 April 2013.
Hertz Equipment Rental Corp. has entered into a franchise agreement with Consolidation Service Inc. through its wholly owned subsidiary Mongolia Equipment Rental Corp. Consolidation Services will have the exclusive license to provide rental equipment in Mongolia using the Hertz Equipment brand and proprietary system, beginning July 1.
ULAN BATOR, April 25 (Bernama) -- Mongolia is planning to enhance energy development particularly wind and other renewable sources of energy to meet growing energy demand, a senior Mongolian official said Wednesday.
Thursday, April 25, 2013
Anna Skentelbery, 20, will travel 10,000 miles across a third of the globe with Ashley Ferguson from Upper Woburn Place in Central London to Ulaabaater in Mongolia to raise money for charity Go Help.
In 2012, MAXAM celebrated its 140th birthday. Founded by Alfred Nobel in 1872, the group today stands recognised as being one of the leading service and industrial organisations operating on a global scale, with a yearly turnover of approximately one billion euros.
Turquoise Hill Resources (NYSE:TRQ TSE:TRQ) rose 5% in afternoon trade on Tuesday, bringing gains for the operator of the Oyu Tolgoi mine since Friday to 12.5%.
The Hertz Corporation has announced that Hertz Equipment Rental Corporation has entered into a franchise agreement with Consolidation Services Inc. through its wholly owned subsidiary Mongolia Equipment Rental Corporation.
On Tuesday, Standard & Poor's Ratings Services said that it lowered its ratings outlook on Mongolia to Negative from Stable while affirming the central Asian country's BB- long-term and B- short-term sovereign credit ratings. Those are both junk ratings.
Tuesday, April 23, 2013
U.Ganzorig: If you have passion and ambition you could actually make a difference to Mongolian people
Office of the Spokesperson
Genie Oil Shale Mongolia, a subsidiary of Genie Energy, has signed a five year agreement with the Petroleum Authority of Mongolia (PAM) to explore and evaluate the commercial potential of oil shale resources, on a 34,470 km2 area in Central Mongolia.
French miner Areva’s subsidiary, Areva Mongol, announced last week that it has discovered a 54,000 ton uranium deposit in Zuuvch Ovoo.
BANGKOK, 23 April 2013 (NNT) – Prime Minister Yingluck Shinawatra is set to pay a visit to Mongolia on April 27-29 to attend the 7th Ministerial Conference of the Community of Democracies.
Hertz Equipment Rental Corp., a subsidiary of Park Ridge-based Hertz Corp., has entered into a franchise agreement with Consolidation Services Inc. through its wholly owned subsidiary Mongolia Equipment Rental Corp.
Beneath Mongolia's Gobi desert lie enormous reserves of gold, silver and copper, and a deal between the Mongolian government and mining giant Rio Tinto could transform the country from one of the poorest, to one of the richest per capita in the world.
Koreans and nearby Mongolians share an ancient ethnic and lingual heritage, and now it appears North Korea is hoping those ties will help them borrow a bit of needed butter and sugar.
Monday, April 22, 2013
Analysts at ResCap say they are increasingly optimistic that a deal will be struck to end a bitter stand-off between the government of Mongolia and Rio Tino over the massive Oyu Tolgoi (OT) copper mine.
Although it may never compete with neighbours with well-established manufacturing sectors and economies of scale, Mongolia has the potential to meet domestic needs and produce goods, such as meat and cashmere for export.
Endowed with isolated, unspoilt nature and nomadic Buddhist culture, Mongolia has managed to develop a small but potentially profitable tourism sector that is expanding through support from the government and a focus on the adventure and nature segments.
(Reuters) - The market capitalisation of companies listed on the Mongolian Stock Exchange (MSE) could leap more than 30-fold over the next three to five years, boosted by privatisations and new regulations, the chief executive of the bourse said on Thursday.
ULAN BATOR - A four-day seminar which ended in Ulan Bator Sunday explored the prospects for closer cooperation between Mongolia and China in the coal industry.
(Reuters) - Mongolia's massive Tavan Tolgoi coal mine will resume exports of coking coal to China on Monday after suspending deliveries in January due to cost pressures, the state firm in charge of the project said.
Sunday, April 21, 2013
ULAN BATOR, April 18 (Xinhua) -- Mother nature has come to Mongolia's rescue, with heavy rain and snowfall extinguishing a raft of forest and grassland fires, according to the Environment and Green Development Ministry Thursday.
Isobel Yeung’s recent Independent Voices piece asks us to keep an open mind about how China treats its ethnic minorities (who account for around 8 per cent of its population).
Mongolia Snubs Canadian Gobi Desert Mine Explorer Entree Inc, Partly Owned By Rio Tinto, On Massive Oyu Tolgoi Mine, At Least For Now
The Mongolian government is suspending mining licenses for a Canadian company exploring near the massive Oyu Tolgoi complex in the south Gobi Desert, which has caused problems with Rio Tinto PLC’s (LON:RIO) attempts to secure $6 billion in loans linked to the mine.
NEWARK, N.J.--(BUSINESS WIRE)--Genie Energy (NYSE: GNE, GNEPRA) said today that its subsidiary, Genie Oil Shale Mongolia, LLC (Genie Mongolia), and the Petroleum Authority of Mongolia (PAM) have entered into an exclusive oil shale development agreement to explore and evaluate the commercial potential of oil shale resources on a 34,470 km2 area in Central Mongolia.
Saturday, April 20, 2013
NEW YORK, April 17, 2013 /PRNewswire/ -- Blue Wolf Mongolia Holdings Corp. (NASDAQ: MNGL) ("Blue Wolf" or the "Company") today announced the results of its shareholder meeting held on April 15, 2013.
Akdong Musician, winners of K-Pop Star 2, have a tough choice ahead of them. As winners of the popular reality show singing competition, the brother-sister duo has their choice of the 'big three' Korean record labels to sign with.